Dassault Systèmes has acquired NuoDB, which provides a cloud-native distributed SQL database that capitalises on the competitive advantages of the cloud, with on demand scalability, continuous availability and transactional consistency, and is built for mission critical applications.
The tranaction is expected to be completed in December 2020.
“With our combined, expanded resources, we can accelerate our product development to realise the unique contribution of multi-cloud, distributed SQL database as a service that will power strategic customers,” said Bob Walmsley, CEO of NuoDB.
“We began our partnership with NuoDB in 2013 and are extending it today, further underscoring NuoDB’s unique distributed SQL capabilities, well adapted for native cloud environments,” said Florence Hu-Aubigny, Executive Vice President of Research and Development at Dassault Systèmes.